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Cost-benefit analysis, 6 ECTS credits.
/Samhällsekonomiska lönsamhetskalkyler/
For:
EM
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Prel. scheduled
hours: 48
Rec. self-study hours: 112
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Area of Education: Social Science
Main field of studies: Other subjects
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Advancement level
(G1, G2, A): G2
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Aim:
After completing the course, students should
- have extensive theoretical knowledge of the elements of micro and welfare theory that cost-benefit analysis are based on.
- have knowledge of how cost-benefit analysis are used in practice.
- have the ability to critically examine a cost-benefit analysis, and be able to conduct one themselves.
- have knowledge of methods to estimate costs and benefits, both when there exists and when there do not exist market prices.
- be aware of the problems and shortcomings that may be associated with cost-benefit analysis.
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Prerequisites: (valid for students admitted to programmes within which the course is offered)
Industrial economics and Organization. Resource theory.
Note: Admission requirements for non-programme students usually also include admission requirements for the programme and threshhold requirements for progression within the programme, or corresponding.
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Organisation:
Lectures and exercises.
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Course contents:
Welfare theoretical background
Implementation of cost-benefit analysis in theory and practice
Valuation of market goods and services in competitive markets and when there are market imperfections or taxes/subsidies.
Effects on secondary markets and indirect effects
Discounting, time horizon, risk and uncertainty
Methods to evaluate the benefits and costs when market prices are unavailable, ie revealed preferences methods and stated preferences methods
Empirical applications in different fields
Problems and limitations of cost-benefit analysis
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Course literature:
Mattson, B. �?�Kostnadsnyttoanalys för nybörjare�?�, Räddningsverket, 2006, ISBN 91-7253-286-6.
Articles and handouts
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Examination: |
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Written examination
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6 ECTS
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Course language is Swedish.
Department offering the course: IEI.
Director of Studies: Linnea Ingebrand
Examiner: Pernilla Ivehammar
Course Syllabus in Swedish
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